Hoss replied the topic: Greenbriar Capital TSXV:GRB, www.greenbriarcapital.com
There has been little discussion here about Greenbriar's court action filed last month against PREPA, the countries electrical company. GRB claims action against PREPA for Criminal Racketeering under Federal RICO statues for damages of US$951M which is over C$1.2 billion.
With an even 20 million shares out, that is $60 per share.
RonS replied the topic: Greenbriar Capital TSXV:GRB, www.greenbriarcapital.com
Hoss, their is a letter circulating to government or Congress or such. I will try to summarize in an update, but here is the part on Benefits
HOW WILL MONTALVA BENEFIT PUERTO RICO?
• Will be constructed with private capital, requiring no federal funding other than federal solar tax credits currently available to everyone.
• Greenbriar will invest $300 to $320 million in capital that will be deployed over two highly economically depressed municipalities in southwest Puerto Rico; about 25 percent of Puerto Rico’s population lives in these two municipalities, and face extremely high unemployment.
• Substantial economic and infrastructure benefits without need of ANY taxpayer funding.
o More than 500 construction jobs, plus more than 100 spin-off jobs for suppliers, food, accommodation, transport, etc., and 25 high-paying “green collar” technical jobs for 35 years.
o Employment taxes generated by these jobs, sales tax on non-exempt materials, and land lease revenues for more than $20 million to local landowners.
o Decreased migration due to steady, high-paying jobs and stronger local economies.
o Energy security from a 100% clean energy product.